Should I start investing?
When will I have time to invest?
Don’t you need a lot of money to invest?
Investing is easy, you can earn thousands overnight!
These are some of the questions I get asked most often. I think the best way to discuss this is to break down one each and bust those myths that have been created by online scammers.
Myth 1: Should I start investing?
My answer is yes, everyone, regardless of age, should start investing at some point in their life. Not only to earn extra cash, but you can also use it to fund travel or college funds. Not only that, but when you invest, you can learn about trends, and just like a crossword puzzle, it helps to see things that others wouldn’t.
Myth 2: When will I have time to invest?
That was my biggest problem when I started. Once I found the time the first week, it was pretty easy to find time after that as well. Just add 10 minutes in the morning when you wake up and before you go to bed to scroll through some of the latest stats and place your orders, that’s all it takes.
Myth 3: Don’t you need a lot of money to invest?
This is where I think people get it most of the time, when thinking about investing most people say it takes a lot to get started. Isn’t the goal to end up with a lot of money at some point? For me, the less you invest, the more interactive you need to be with buying and selling. Sometimes that can be a good thing or a bad thing. In conclusion, you don’t need a lot of money to start investing.
Myth 4: Investing is easy, you can earn thousands overnight!
Well, this one is more of a statement than a question. The big basis to this is yes, it has happened that people can earn thousands overnight. The problem with this myth is that to do this, you have to face it and invest a lot of money from the start. If you start with a small amount of money or a small amount of money, you will not earn money as quickly. That’s okay, although that’s how most people play the stock market, and in some ways, it’s the best way. You are able to find out more which enables you to invest smarter.